Filed under: TECHNOLOGY | Tags: Apple, Business, iPhone, Macintosh, Net income, Recreation, Sony, Wall Street
TECHNOLOGY
Here’s the quick figures from the just-released earnings report from Apple: the maker of computers, iPods and iPhones announced quarterly revenue of $7.46 billion, compared to estimates of $7.37 billion and year-ago revenue of $5.41 billion, for growth of 37 percent. Net income came to $1.07 billion ($1.19 per share), compared to estimates of $1.08 per share and last year’s income of $818 million, for growth of 31 percent. (http://www.paidcontent.org/entry/419-earnings-apple-revenues-earnings-top-estimates 7/21)
With TV competitors such as Sony and Samsung making moves in the lower-priced segments of the market, Vizio announced that it would roll out a new line of high-end products this fall. The new Extreme Vizio Technology line of flat-panel LCD TVs includes what Vizio is calling “Smooth Motion Video,” a new motion-estimation and motion-compensation technology. (TWICE 7/21)
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